The coronavirus outbreak has changed or present situation and will have a significant impact on our future as well.
The path forward is not obvious yet. However, one thing is clear: The business world will change in some fundamental ways.
New Office Design
This will be one of the first areas to change. With many businesses considering reopening, office spaces will have to adapt to respect social distancing. Solutions will range from the simple, with paper covers placed on desks to reduce the risk of contagion by contact, to the complex, with a move away from open-plan layouts. Contactless technologies that allow workers to open doors without touching them and order elevators from their smartphones may become commonplace.
A New Focus on Resilience of Supply Chains
The coronavirus outbreak has exposed how easily global supply chains can be broken. As a result, in the post-coronavirus world, companies will strive to put in place alternative production plans to hedge their bets in case of disruption. Dependability and resilience of supply chains will become increasingly important, with companies seeking to build redundancy into their production processes.
A Digital Revolution in Business
The contactless technologies mentioned above will be only one of the many innovations we’ll see. For example, Gaming, streaming and delivery will continue to evolve until they become important elements of our everyday lives. The pandemic may also accelerate the development of automation technologies. Remote work and travel restrictions will increase digital interaction, generating a culture shift. This change has the potential to alter the structure of economies all around the world.
Less Business Travel
In just a matter of months the whole concept of business travel is changing radically. At least in the short term, all unnecessary business travel will be replaced by video calls and other forms of digital interaction. In fact, the world is already adapting to travel restrictions—virtual events, such as webinars, are gaining traction and pushing into the mainstream.
Here at the Greater Riverside Hispanic Chamber of Commerce, we are committed to supporting small businesses and economic development with advocacy, business referrals, marketing opportunities, training programs, student internships and scholarships. Contact us by email at email@example.com, telephone (951-965-9115), through our social media accounts, or click here to join and start enjoying the benefits of membership today.